Lori,

Whether we’re adapting to the changes in SBA (how worn out are those dancing shoes we mentioned recently?), or you’re addressing the results of recent audits…it’s how we each respond and contribute to the whole that leads to success.

SBA Information Notice 5000-864664: SBA Form 1244 Updates to conform with Executive Order 14168 Effective 3/28/2025

COVID-19 Pandemic EIDL & PPP Loan Fraud Landscape Recommendations Update Effective 3/31/2025

Guaranteed Interest Certificates (GICs): Required Transfer Documentation Checklist Issued 4/7/2025

Release Notes 1502 Reporting in the MySBA Lender Portal Version #1.5 Issued 4/8/2025

SBA Procedural Notice 5000-866946: Revisions to SOP 50 57 3.1 for SBA’s Process of Lender Guaranty Purchase Requests and Certain Servicing Actions Effective 4/15/2025

SBA 7(a) Loan Guaranty Fee Calculator Updated 4/17/2025

Lender’s Annual Service Fee FY 2025 Issued 4/17/2025

SBA Information Notice 5000-866746: Issuance of SOP 50 10 8 Effective 4/21/2025

Franchisor Certification Updated 4/22/2025

Distributor Certification Updated 4/22/2025

SBA’s Actions to Address Forgiven PPP Loans Subsequently Flagged as Potentially Ineligible Effective 4/23/2025

SOP 50 10 8 Lender & Development Company Loan Programs Issued 4/22/2025 Effective 6/1/2025

May 20025: Fiscal Transfer Agent Services for SBA 7(a) Secondary Market Issued 4/28/2025



Fiscal Year 2024 Federal Information Security Modernization Act OIC Report Issued 4/29/2025



We often see Lenders forget to take advantage of the support a Lender Service Provider (LSP) can offer.

So, when should you lean on an SBA LSP?

Let us count just a few of the ways!

The Office of Credit Risk Management (OCRM) picked your SBA portfolio to conduct an audit. It could be due to anything from a random selection, to perceived red flags in your lending process or portfolio performance. Either way – lucky you, right?

They’ve delivered their Final Report and findings to you. What comes next? What response is required?

Here’s what we recommend to our clients – and what we help with.

There’s a saying that the more things change, the more they stay the same.

Well, that’s about to be true with the new SOP 50 10 8, going into effect on June 1^st. Why, you may ask? Because they’re mostly a reversion to previous rules.

Perhaps you have an individual on your team who’s been in charge of tracking rule changes, and who can support the group by conducting an informal, in-house refresher.



If not – as always, we’re here to support you. We can provide a review of the not-so-new SOPs, including what actually is new. Give us a call at 877.576.0819, or drop us a note through our website form here. We look forward to helping!

Your Team at LRM Lender Consultants,